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Future Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

E-MICRO GOLD Feb 2019 (NYMEX:MGC.G19)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_MGC.G19
Open High Low MGC.G19 Price Change
1280.0 1280.0 1277.8 1277.9 -1.8
Entry Signal

MarketClub’s Trade Triangles for MGC.G19

long term up The long term trend has been UP since Dec 7th, 2018 at 1251.5

intermediate term down The intermediate term trend has been DOWN since Jan 21st, 2019 at 1278.1

short term down The short term trend has been DOWN since Jan 18th, 2019 at 1288.1

Smart Scan Analysis for MGC.G19

Based on a pre-defined weighted trend formula for chart analysis, MGC.G19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for MGC.G19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1280.0 1280.0 1277.8 1277.9 -1.8
Prev. Close Volume Bid Ask Time
1290.4 4652 2019-01-21 21:22:00
First Delivery2019-02-28Expiration2019-02-26
Open Time18:00Close Time17:00
Want to analyze E-MICRO GOLD Feb 2019 MGC.G19 or another symbol? Try our Free Future Trend Analysis Report.